ACTIVE

FG MEDICAL

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Financial year 2025 · Closed on 31/12/2025

Net result-15,2 k €-148,8 %over 1 year

Gross margin85,9 k €-16,6 %over 1 year

Equity273,8 k €-5,3 %over 1 year

Identity

Source · BCE/KBO

FG MEDICAL is a Public limited company incorporated in 1988. Its registered office is in Wavre.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.298.494
Incorporation: 26/05/1988
Legal form: Public limited company
Registered office: Sente des Pinsons 1
1300 Wavre · WallonieSee on map
Contributed capital: 148 736,11 €
Latest accounts: 31/12/2025

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 15 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	85,9 k €	-16.6%	103 k €	+51.1%	68,2 k €	-42.9%	119,4 k €	+305%	29,5 k €
EBITDA	75 k €	-25.2%	100,3 k €	+56.4%	64,1 k €	-45.0%	116,6 k €	+350%	25,9 k €
Operating result	3,9 k €	-92.8%	53,8 k €	+83.8%	29,3 k €	-68.9%	94,1 k €	+11421%	817 €
Net result	-15,2 k €	-149%	31,1 k €	+77.8%	17,5 k €	-78.2%	80,1 k €	+6968%	-1,2 k €
Balance sheet
Equity	273,8 k €	-5.3%	289 k €	+12.0%	257,9 k €	+7.3%	240,4 k €	+50.0%	160,3 k €
Total assets	829,3 k €	+3.4%	801,9 k €	+36.2%	588,7 k €	+84.1%	319,8 k €	+30.0%	245,9 k €
Cash	194,9 k €	-2.6%	200,2 k €	+18.3%	169,3 k €	-10.1%	188,4 k €	+69.9%	110,9 k €
Debts	555,5 k €	+8.3%	512,8 k €	+55.0%	330,8 k €	+316%	79,4 k €	-7.3%	85,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

MICHELE COURTOIS

Director · since 31 mars 2021 · until 30 juin 2027

Active

MURIEL FORTUNATI

Managing director · since 01 octobre 2016 · until 30 juin 2027

Active

Ended mandates

DIDIER FORTUNATI

Director · since 03 novembre 2017 · until 31 mars 2021

Ended

DIDIER FORTUNATI

Director · since 03 novembre 2017 · until 05 juin 2023

Ended

DIDIER FORTUNATI

Director · since 03 novembre 2017 · until 06 juin 2023

Ended

MURIEL FORTUNATI

Managing director · since 01 octobre 2016 · until 26 mars 2022

Ended

Other companies at this address

Sente des Pinsons 1 1300 Wavre

Company	CBE no.
TRANSORIENT INTERNATIONAL● Active	0427.931.831

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	23/08/2025	03/10/2024	05/10/2023	01/09/2022	15/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/08/2026	French	PDF
Micro model	31/12/2024	30/06/2025	23/08/2025	French	PDF
Micro model	31/12/2023	30/06/2024	03/10/2024	French	PDF
Micro model	31/12/2022	30/06/2023	05/10/2023	French	PDF
Micro model	31/12/2021	30/06/2022	01/09/2022	French	PDF
Micro model	31/12/2020	30/06/2021	15/08/2021	French	PDF
Micro model	31/12/2019	30/06/2020	06/10/2020	French	PDF
Micro model	31/12/2018	03/06/2019	25/09/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	05/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	22/08/2017	French	PDF
Abridged modelCorrection	31/12/2015	06/06/2016	22/02/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	03/07/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	11/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	06/07/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	11/06/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	23/06/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	21/06/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	29/06/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	24/06/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	26/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

MICHELE COURTOIS

Director · since 31 mars 2021 · until 30 juin 2027

Active

MURIEL FORTUNATI

Managing director · since 01 octobre 2016 · until 30 juin 2027

Active

Ended mandates

DIDIER FORTUNATI

Director · since 03 novembre 2017 · until 31 mars 2021

Ended

DIDIER FORTUNATI

Director · since 03 novembre 2017 · until 05 juin 2023

Ended

DIDIER FORTUNATI

Director · since 03 novembre 2017 · until 06 juin 2023

Ended

MURIEL FORTUNATI

Managing director · since 01 octobre 2016 · until 26 mars 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates16/11/2017
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/11/2016
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - DIVERS
PDF
Registered office31/10/2016
SIEGE SOCIAL
PDF
Mandates29/07/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office09/04/2014
SIEGE SOCIAL
PDF
Capital / shares01/02/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/07/2010
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025-15,2 k €↓
2024
Annual accounts 202431,1 k €↑
2023
Annual accounts 202317,5 k €↓
2022
Annual accounts 202280,1 k €↑
2021
Annual accounts 2021-1,2 k €↑
2020
Annual accounts 2020-26,9 k €↓
2019
Annual accounts 2019-10,3 k €↑
2018
Annual accounts 2018-36,8 k €↓
2017
Annual accounts 201739,4 k €↑
2016
Annual accounts 2016-23,5 k €↓
2015
Annual accounts 201550,3 k €↑
2014
Annual accounts 2014-18,3 k €↓
2013
Annual accounts 201312,4 k €↓
2012
Annual accounts 201225,3 k €↑
2011
Annual accounts 2011-23,5 k €
26/05/1988
IncorporationPublic limited company

FG MEDICAL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline